Taxation Solutions, Inc.

Are You Facing IRS Tax Seizures? Here's What You Should Do

By Taxation Solutions, Inc. on 2017-02-22

Have you recently been notified that the IRS intends to seize your property? If the IRS has demanded payment and you have failed to respond, then you will soon be facing IRS levies and property seizure. The IRS will send you a notice declaring its intent to seize your property, which could include your bank accounts, your vehicle, and any real estate you own. While this notice might put you into panic mode, you should know that you do have options for dealing with the IRS and that property seizure can be avoided in many cases!

Act Fast

When you receive notice from the IRS that your property may be seized, you need to act as quickly as possible to deal with it. You only have 30 days to ask the IRS to review your case or to request a hearing with the IRS Office of Appeals. If you do not agree with the tax assessment supplied by the IRS, you believe the tax is owed by another individual (such as an ex-spouse), or you otherwise dispute the IRS's claims, then a hearing may be the best course of action to sort out the discrepancies.

Get Tax Help

No matter what, you should consult a tax resolution specialist right away. This is especially true if you are going to request a hearing. A tax resolution expert will be able to advise you on the best path for moving forward. With the assistance of tax professional, you may be able to find a way to resolve your tax problems with the IRS without being subjected to a levy.

If you’re in need of help dealing with IRS seizures or other tax problems, turn to the pros at Taxation Solutions, Inc. today. We are standing by to put our 40 years of experience to work for you!